Jotun Paints, one of the world’s leading producers and distributors of paints and powder coatings, has revealed its participation at this year’s edition of ‘Qatar Projects 2012,’ which will be held from February 5 to February 8, 2012 at the Grand Hyatt Hotel in Doha, Qatar. The company’s participation is part of Jotun’s continuing move to strengthen its market presence across Qatar’s rapidly growing paint segment, which has been estimated to be worth over QAR 300 million, The move is also aimed at Jotun’s move to consolidate its leading position in the Middle East region by offering world class high quality paints and coatings. To date, Jotun has also reported a total of over QAR 150 million worth of projects that have already been completed, ongoing and are currently in the pipeline.
According to Jotun, the company is upbeat in seeing continued growth in the country’s decorative, infrastructure and marine segments. The key drivers for the paint segment’s upward movement include cost / pricing, LEED / green and QSAS compliance, international specification and product quality. The strong construction boom prompted by the preparations for Qatar’s hosting of the 2022 FIFA World Cup has stirred in a large demand for paint and coatings like intumescent coating, floor coating, powder coating, decorative coating, marine and protective coating. Market reports have also revealed a strong preference for products that adhere to ‘green’ standards.
“We are very excited to take part in this year’s edition of ‘Qatar Projects 2012.’ A strategic event that acts as a strategic platform to learn and capitalize on the many business opportunities emerging in Qatar today,” said Gunnar Eikebu, Country Manager - Qatar, Jotun Paints. "During the event, we will be throwing the spotlight on our unique range of products that have been developed using state-of-the-art R&D and technology – and is focused on sustainability and protecting property. We look forward to meeting a lot of developers and industry professionals from all over the region, showcasing our broad portfolio of products and services to a high-potential audience."
Jotun’s commitment to Qatar’s paint market is backed by an extensive and continuous product development initiative and an ever-growing portfolio of global and regional projects. The leading company has reported the completion of the following projects, which includes the State Mosque, Barzan Camp (Phase 1), Doha Golf Club, town houses and 40 per cent of towers in The Pearl. Jotun has also positioned itself in the country’s marine coating segment, noting that the first commercial vessel to dock into the N-KOM dry dock in Ras Laffan was coated by Jotun. Current projects include the first three towers in Lusail, some phases of the new Doha International Airport, Barwa Financial District, Barzan Camp (Phase 2), 60% of Sidra Medical and Research Centre, Barwa City Housing, Qatar Radio and TV complex, the Qatar Islamic Centre, World Trade Centre and at least 90 per cent of the Kahramaa Sub-Stations.
“Qatar continues to be a very important market for us, where we confidently see the potential of continuous growth, which is being driven by the influx of construction projects in preparation for FIFA World Cup in 2022. Over the last few years, we have managed to address the rising demand for superior quality projects that conform to the meticulous needs of our customers. The Qatari projects that we have recently completed and are currently being finished are a testament to our growing presence in the country. Developers, construction companies and interior design firms in Qatar that uses Jotun are assured that they are using highest quality and most durable product in the market today,” concluded Eikebu.
'Qatar Projects 2012' is being held under the patronage of H.E. Dr. Mohammed Saleh al-Sada, Minister of Energy & Industry and Chairman and Managing Director, Qatar Petroleum. This year's event will feature invaluable insight on Qatar’s current project market and provide a strategic outlook for 2012 and beyond. Highlights of the event includes sessions highlighting advice on investment, trade and the role of the private sector from the Ministry of Business & Trade and the Qatar Chamber of Commerce & Industry; complete project information into the scope and opportunities of Qatar rail projects from QRail, Qatar Railways Development Company, AECOM, Atkins and Al Jaber Engineering and energy sector specific client led presentations from: Nakilat, Qatar Energy City, Qatar Petroleum, Shell and QAFCO.